The resistance on the price of nvidia looks strong. The price is directionally moving upward. Some price decreases could occur but there are strong indications that the price will remain strong including potential to climb based on need or demand.
Most people that don't own a computer that includes an NVIDIA graphics processor will not know the core reason for why NVIDIA as a company is doing so well. NVIDIA updates their more current lineup of graphics processors on a regular basis the same way Microsoft has updated their systems with finite tweaks. Each month Nvidia updates and upgrades their processors...
the fib levels on retracements on bull and bear seem to be working very accurately .. maybe we can wait for the retracement and ride it back to next target
i dont anticipate the trade in semiconductors to slow down, and i think graphics cards are a safe bet to deliver value over time. nvda is expediencing somewhat of a turn around while the nasdaq lets up pressure. nvda should benefit from risk asset inflows.
$NVDA +$333 (Over $333 for calls) Price targets: $335, $337, $340 Technical analysis: - Bull flag on the daily chart - All time high breakout
The US markets have taken a beating over the last few weeks but as sellers start to reside we could see some short term recoveries across the market on some strong players. Im watching AMD closely with this flag formation, not ruling out a drop back further yet before a bounce but the market structure is set for a continuation Fib levels from the last bullish...
Move looking good so far. Leaning toward ~590 top for 3rd wave then push to 600 to 650 and then expecting a larger degree correction
Leaning short right now ~440 to 400 range. Breaks out of 533 need to reassess bullish scenario. 700 target for next bullish move.
Look to the severe break in the northern bollinger band as an indicator to signal you to take your profit in AMD 'Bout to break down hard from the resistance of broadening wedge
The graph is very very slow but we got that short position. Slowly but profitable!
I remember when I got a 16mb Voodoo graphics card when I was 10-12. Best card I ever had. Played Diablo 1 and Warcraft 3 for days. Nvidia is a good company, but really their recent growth worth mentioning is crypto. Now that Btc price is picking up, it is no guarantee for Nvidia. Lots of Alt coins were mined last year and a boat load of cards are sitting around...
NVDA AMD AXTI MU INTC STM STM is up off low yesterday and NVDI as leading graphics processor for AI with AMD is 50% off recent high. GPU's are a key component for AI, or artificial intelligence and visual learning. Big data is the other that goes with it, along with blockchain and cybersecurity and code software. CYBR MIME RPD ...
Watching $GPK for significant increase after the $0.02 ER miss. I'm considering the dip qualified since it holds far below the 255 day linear regression 1x stddev bar. Their Revenue was in-line and the miss on earnings was rather small. I'm looking for a push up to at least my Price Target of $14.80. I purchased $15 6/15 calls on 5/14 and expect to sell at my PT....
As strong and loved as the Nvidia name is, it's been caught in a familiar range all year. While everyone wants to boost the price target around $280-300, it's barely been able to crack $250 even during positive sentiment and momentum. The advantages Nvidia has don't need repeating, nor do its merits and prospects. It's an expensive stock and has always traded high...